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A tool for all the right reasons.
From:
Business Credit
| Date:
March 1, 2008| Author:
Carr, Matthew
| COPYRIGHT 2008 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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[ILLUSTRATION OMITTED]
The brisk fall days of 2006, before the U.S. housing market started to deflate, seem like ancient history. So do the sunny days of early summer 2007, before the collapse of two Bear Stearns-managed hedge funds, which marked the beginning of the "credit crisis."
At the moment, there seems to be no shortage of nightmares, real or imagined, haunting the U.S. economy. The looming possibility of a recession, the global credit crunch, payroll ...
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